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20121202
20121210
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to do $400 billion in medicare and other entitlement savings. >> that's true. and they've also said that they're willing to be flexible beyond that. they won't talk about the numbers with us and the press and public. we know they won't negotiate the public. i asked them, will you go beyond -- essentially, will you go beyond that? they said, yes, we're open to negotiating. the bottom line is they indicated that they are willing to do more than that. that they're willing to open up what they were talking about during the debt talks. it comes to changing eligibility ages for some of these entit entitlement programs, raising -- changing the caps -- indexing for inflation, et cetera. they'll do it. but they want to start talking numbers with republicans. so, yes, they're willing to do more cuts. but they want the republicans to agree on revenue first. and they're emphatic that republicans aren't willing to talk about the revenue and so they can't start the negotiations. and this all for this week, but these numbers they came out with this week were an effort to try to prod some sort of s
the president. then democrats, labor unions, the aarp saying we don't need to cut medicare. touch social security. every time you have a short-term play, the special interests on both sides dig in and until they erase the trust deficit, every time they do it, they make it harder to do the big stuff. >> ken, notwithstanding the problems whef outlined in this conversation and the problems coming from washington, there is some economic renaissance going on. we've got low energy prices, manufacturing input. this housing boom with more interest rating here to stay for a couple of years. is there enough that can happen in this economy to off set what's happening? >> we can't ignore them. i wish i could say that. if they blow it, there's nothing we can do, but i think the risks are becoming more balanced where things like the housing recov recovery, consumer debt coming down are start tog offer the possibility where growth might be a little stronger. although on the other hand, the europe and many things you mentioned, all these uncertainty mentioned it could be lower. we're less vulnerable tha
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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